AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.06 Decreased By ▼ -0.47 (-0.36%)
BOP 6.75 Increased By ▲ 0.07 (1.05%)
CNERGY 4.49 Decreased By ▼ -0.14 (-3.02%)
DCL 8.55 Decreased By ▼ -0.39 (-4.36%)
DFML 40.82 Decreased By ▼ -0.87 (-2.09%)
DGKC 80.96 Decreased By ▼ -2.81 (-3.35%)
FCCL 32.77 No Change ▼ 0.00 (0%)
FFBL 74.43 Decreased By ▼ -1.04 (-1.38%)
FFL 11.74 Increased By ▲ 0.27 (2.35%)
HUBC 109.58 Decreased By ▼ -0.97 (-0.88%)
HUMNL 13.75 Decreased By ▼ -0.81 (-5.56%)
KEL 5.31 Decreased By ▼ -0.08 (-1.48%)
KOSM 7.72 Decreased By ▼ -0.68 (-8.1%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 63.51 Increased By ▲ 3.22 (5.34%)
OGDC 194.69 Decreased By ▼ -4.97 (-2.49%)
PAEL 25.71 Decreased By ▼ -0.94 (-3.53%)
PIBTL 7.39 Decreased By ▼ -0.27 (-3.52%)
PPL 155.45 Decreased By ▼ -2.47 (-1.56%)
PRL 25.79 Decreased By ▼ -0.94 (-3.52%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 78.65 Decreased By ▼ -3.79 (-4.6%)
TELE 7.86 Decreased By ▼ -0.45 (-5.42%)
TOMCL 33.73 Decreased By ▼ -0.78 (-2.26%)
TPLP 8.40 Decreased By ▼ -0.66 (-7.28%)
TREET 16.27 Decreased By ▼ -1.20 (-6.87%)
TRG 58.22 Decreased By ▼ -3.10 (-5.06%)
UNITY 27.49 Increased By ▲ 0.06 (0.22%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 10,445 Increased By 38.5 (0.37%)
BR30 31,189 Decreased By -523.9 (-1.65%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)

Scrap MetalISLAMABAD: Pakistan is producing huge quantities of scrap in different areas. The government should focus on promoting the re-manufacturing and recycling industry achieving better economic value from scrap as Pakistan produces huge quantities of the material different areas.

This was stated by Mahfooz Elahi, President, Islamabad Chamber of Commerce & Industry (ICCI) in a statement issued here Friday.

He said that government should also establish a network of scrap yards which could act as a source of input material for remanufacturing and recycling industry.

He stressed that government should support small and medium sized enterprises in developing remanufacturing and recycling plants. These plants could be set up in different areas including steel, auto, synthetic, plastic, paper & rubber sectors to develop value added products from scrap, he added. Mahfooz Elahi

was of the view that remanufacturing industry was also consuming less energy as compared to industrial units as only 5 percent energy was required to re-melt aluminum than to extract it from the ore.

He said that millions of computer accessories and electronic items join scrap dumps and pose a challenge for effective disposal.

However,promoting of remanufacturing & recycling industry could easily exploit its scrap to develop products of better value.

The ICCI President said that the remanufacturing and recycling industry could also provide a substantial boost to the manufacturing sector and the whole economy in terms of cuts in imports and unemployment and production of cheap products. It would be an effective way to meet the environmental challenges posed by the generation of scrap and waste.

Therefore, government should give due priority to the promotion of this industry, he stressed.

Copyright PPI (Pakistan Press International), 2011

 

Comments

Comments are closed.